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Hong Kong is still the crown jewel of luxury

News Snapshot:

I am shocked by comments from various industry and media practitioners who are taking the relocation of LVMH from Hong Kong to China as a sign that Hong Kong is losing its status as the luxury hub of the world. Before I share examples as to why this is not the case, you can see that there has been a significant increase in interest across the world for luxury shopping in Hong Kong in the past seven days, based on Google Trend Data: Even if you look at luxury brands such as Chanel as an example, you can see that…

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